Economy, asked by knightsniper000, 1 month ago

Distinguish between consumption goods and final goods.​

Answers

Answered by 12020
1

Explanation:

Consumption goods are regarded as those goods that are most suited for final consumption.

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Difference between consumption goods and capital goods.

Consumption Goods Capital Goods

Consumer goods are purchased in order to fulfill personal consumption needs Capital goods are purchased for manufacturing of consumption goods

Target Market

Consumer Manufacturers

Answered by jeyanthimohan09
3

Answer:

A consumer good is any good purchased for consumption and not used later for the production of another consumer good. Consumer goods are sometimes called final goods because they end up in the hands of the consumer or the end-user.

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